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Thursday, August 29, 2024

Lucintel Forecasts the Global Naval Defense Market to Grow with a CAGR of 12% from 2023 to 2030

According to a market report by Lucintel, the future of the global naval defense market looks promising with opportunities in the naval forces, coast guards, and private sector markets. The global naval defense industry market is expected to grow with a CAGR of 12% from 2023 to 2030. The major drivers for this market are rising geopolitical tensions and maritime territorial disputes driving increased naval investments, advancements in technology necessitating modernized and more capable naval systems, and growing focus on maritime security and protection of sea lanes from emerging threats.

A more than 150-page report to understand trends, opportunity and forecast in naval defense industry market to 2030 by type (aircraft carriers, destroyers, frigates, corvettes, and others), end use (naval forces, coast guards, and private sector), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that naval forces will remain the largest segment over the forecast period.

Within this market, destroyers will remain the largest segment.

Download sample by clicking on naval defense market.

Lockheed Martin, Northrop Grumman, BAE Systems, Raytheon Technologies are the major suppliers in the naval defense industry market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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